Tesla(US:TSLA) 智通财经网·2025-10-28 22:24Core Viewpoint - Tesla's board chair, Robyn Denholm, indicated that if the upcoming shareholder meeting rejects Elon Musk's proposed $1 trillion compensation plan, the company is prepared to select a new CEO internally to ensure a smooth transition, although external candidates are not entirely ruled out [1] Group 1: Compensation Plan and Shareholder Meeting - The proposed compensation plan would grant Musk 25% voting rights upon meeting certain performance conditions related to market value growth, vehicle deliveries, and advancements in robotics and Robotaxi services [1] - Denholm stated that Musk is likely to step back or reduce his involvement if the plan is not approved, emphasizing the importance of his role in the company's valuation and order volume [1] - The board is actively mobilizing votes, engaging with institutional shareholders, and attempting to rally retail investors, as many are influenced by proxy advisory firms that recommend voting against the plan [1] Group 2: Market Performance and Political Impact - As of the latest close, Tesla's stock price increased by 1.8%, with a year-to-date gain of approximately 12%, lagging behind the S&P 500's 17% increase during the same period [2] - A study from the National Bureau of Economic Research (NBER) highlighted that Musk's political actions since acquiring Twitter have negatively impacted Tesla's U.S. sales, estimating a potential increase of 1 to 1.26 million vehicles sold without the "Musk party effect" [2] - The research noted that Musk's significant donations to Republican candidates and his government role have alienated environmentally conscious consumers, particularly in key markets like California, where Tesla's market share has declined [2] Group 3: Future Strategies and Leadership - Tesla is shifting its narrative focus from vehicle sales to Robotaxi and AI robot platforms, leading to improved market sentiment and investor interest in the company's future in AI and autonomous driving [3] - Denholm mentioned that the company has a "Plan B" in place, with internal candidates like Zhu Xiaotong, who have cross-disciplinary experience, and the possibility of adopting a dual CEO model to mitigate executive concentration risk [3] - The upcoming shareholder meeting will also include a consultative vote on whether to invest in xAI, with the company currently not having made any investments as xAI is developing a different type of AI technology [3]